Growing Specialty Restaurant with 4.9 stars on Google

Fairfield County, CT
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Asking Price:$350,000
Gross Revenue:$503,516
FF&E:$40,000
Cash Flow:$169,816
Rent:$1,030/Month
Established Year:2020
BUSINESS DESCRIPTION

Owner Financing Avaliable

Located in a growing downtown, the takeout Restaurant is a family affair ready to move onto a new owner who will love the food and people as much.

The Restaurant started as a food truck and became a takeout restaurant in 2020. Revenue climbed 287% between 2020 and 2023, and the cash flow margin increased by 38% over the same period.

Customers and the press alike love the Restaurant. Recently named a top lunch spot, it has 4.9 stars on Google and 4.7 stars on Facebook.

Primed for growth, the sellers have considered opening one or two sit-down restaurants in addition to the takeout spot. Purchasing a new food truck for festivals offers incredible room for growth, and “today only” specials are another option. With a cash flow of $169,816, growth is not your only option, but through wise marketing strategies, you can increase revenue while protecting and growing the cash flow.

This is a great opportunity for aspiring restaurant owners. Parents of culinary school graduates, this could be the move to put your child on the road to success through ownership and entrepreneurship. Propel them into success!

The sale includes $40,000 of kitchen equipment.


DETAILED INFORMATION
Location
Fairfield County, CT
Inventory
Not Included in asking price
Real Estate
Leased
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Takeout storefront.
Competition
No one in the area sells a similar style of food.
Support & Training
To be determined.
Reason for Selling
Owner is relocating.
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David
Peterson
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David Peterson